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Highway Funding Takes Center Stage

The Highway Trust Fund, responsible for infrastructure projects nationwide, runs out at the end of the month. The House and Senate are handling it two different ways. The House passed an $8 billion short-term highway funding bill, which would buy Congress through the end of the year to come up with long term funding.

The Senate, however, is yet to give up on a long term fix before the July 31 deadline — seeking the funds necessary to sustain infrastructure projects nationwide. Bipartisan support in the Senate for a deal may disappear if supporters of the Export-Import Bank’s reauthorization are successful in adding their bill to the highway legislation. The outcome of that debate could come this week.